Research: Expenditure

Department for Business, Energy and Industrial Strategy written question – answered on 29th November 2018.

Alert me about debates like this

Photo of Chris Ruane Chris Ruane Shadow Minister (Wales)

To ask the Secretary of State for Business, Energy and Industrial Strategy, how much the Government has spent on R&D in each of the last five years.

Photo of Sam Gyimah Sam Gyimah Minister of State (Business, Energy and Industrial Strategy) (Higher Education), Minister of State (Education)

The Government has increased spending on R&D in the last five years.

Table 3 of the ONS statistical bulletin “UK Government expenditure on science, engineering and technology 2016” gives the following figures for total UK Government net expenditure on R&D, including indicative UK contributions to EU R&D, of

£ million

2012

2013

2014

2015

2016

9,953

10,816

10,941

11,070

11,230

We have an ambition to raise total public and private R&D expenditure to 2.4% of GDP by 2027. As a first step to reaching the 2.4% target, we announced in the 2016 Autumn Statement, and expanded in the 2017 Budget, an additional of £7 billion for R&D over 5 years from 2017-18 to 2021-22 as part of the National Productivity Investment Fund.

We expect to see 2017 data next March.

Does this answer the above question?

Yes0 people think so

No0 people think not

Would you like to ask a question like this yourself? Use our Freedom of Information site.